Binance BTCUSDT 10m Trend Prediction

Currently, BTCUSDT shows a relatively strong technical pattern, with main account holdings leaning bullish. Active buy orders are significant, supporting a short-term bullish outlook. Although short-term metrics such as RSI6 and KDJ J line are overbought, the medium to long-term moving averages (such as MA20, MA50, MA200) are arranged in a bullish configuration. The price has stabilized above the short-term moving averages, suggesting potential for continued upward movement. The support level at 111,052-111,224 has been tested multiple times. If a quick retraction does not break below, it will serve as a solid foundation for subsequent upward advances. Resistance zone is between R1 and R2 (111,743-112,207). An effective break above R1 could lead to a rally towards the 112,050 level within 10 minutes. The MACD has not formed a clear death cross, and the overall candlestick trend remains oscillating and slightly upward. There is no significant volume increase on down days, indicating limited selling pressure. Signals from large institutional traders remain strongly bullish. Coupled with overall market sentiment, a brief retest is expected, followed by a rapid rebound. Operational advice: In the short term, a slight pullback to the MA5 and MA10 zones around 111,165-111,220 could be suitable for light long positions. If volume increases upon breaking R1, consider increasing positions. It is recommended to set stop-loss at support S1 (111,052). Take profit targets could include R2 (112,136) and the upper boundary of the range at 112,050. If a volume breakout occurs, the subsequent upside space may extend towards 112,200. If volume remains weak, it is advisable to adopt a range trading strategy, buying low and selling high.